NEFIN, a prominent developer of carbon neutral solutions, has successfully obtained a green project finance loan of HKD $22.15 million from Bank SinoPac’s Hong Kong Branch. The loan will support the development of environmentally sustainable projects.
The initial tranche of the loan will be utilized for two NEFIN projects in Hong Kong SAR. These projects are in collaboration with a renowned international financial institution and a global leader in logistics. NEFIN anticipates further drawdowns later this year for the remainder of its Hong Kong SAR portfolio.
This funding is expected to boost the returns on NEFIN’s financed projects and provide the capital needed for future business growth. It will also aid multinational corporations (MNCs) and major companies across the Asia-Pacific region in meeting their sustainability goals.
The project financing underscores NEFIN’s longstanding relationship with Bank SinoPac. This collaboration follows recent project financing efforts in mainland China, further solidifying the partnership between the two entities. NEFIN looks forward to exploring new renewable energy opportunities with Bank SinoPac in other regions.
With this green loan, NEFIN is well-positioned to advance its mission of promoting sustainable energy solutions. The company remains committed to supporting businesses in their journey towards carbon neutrality, ensuring a greener future for the region.
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